Arkansas Statutes
§ 24-7-726 — Computation of benefits based on contract salary
Arkansas § 24-7-726
JurisdictionArkansas
Title24
This text of Arkansas § 24-7-726 (Computation of benefits based on contract salary) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 24-7-726 (2026).
Text
If a person employed in a public school district of this state has received an actual salary reduced below the contract salary due to military service or other government service, the Arkansas Teacher Retirement System shall compute retirement benefits based upon the contract salary and not the reduced salary resulting from the military service or other government service, provided that the system receives the employee and employer contributions in effect at the time service is rendered, plus interest, on the difference between the actual salary and the contract salary.
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Legislative History
Acts 1999, No. 906, § 1.
Nearby Sections
15
§ 24-1-101
Assets and income for retirement systems§ 24-1-102
Annual valuation§ 24-1-103
Change of contribution rate§ 24-1-105
Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited§ 24-1-106
Benefit enhancements§ 24-1-201
Declaration of policy§ 24-1-202
Definitions§ 24-1-203
Rules§ 24-1-206
Agents§ 24-1-207
Contributions - State employeesCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 24-7-726, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/24-7-726.